Business

Yahoo is expected to announce Monday that it's acquiring the social media site Tumblr, in a deal The Wall Street Journal and other news outlets are reporting to be worth about $1.1 billion. Some analysts are calling the acquisition an effort by Yahoo to be "cool and relevant" again.

The Wall Street Journal has this breaking news from the tech world:

"The Yahoo board has approved a deal to pay $1.1 billion in cash for the blogging site Tumblr."

The Journal, the only outlet reporting the approval, is sourcing its story to "people familiar with the matter." Lauren Armstrong, a Yahoo spokeswoman, told us in an email that they "don't comment on rumors or speculation."

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RACHEL MARTIN, HOST:

One hundred and forty years ago this month, a German immigrant named Levi Strauss patented the first pair of jeans ever made. During the California gold rush, Strauss traveled across the country to set up a West Coast branch of his family's dry goods business. That business changed forever when Strauss got a letter from a tailor named Jacob Davis.

Tesla Motors, the American maker of luxury electric cars, has been riding a wave of good publicity.

Its Model S sedan (base priced at $62,400, after federal tax credits) was just named Motor Trend Car of the Year. Reviewers at Consumer Reports gave the lithium-ion battery powered vehicle a rave.

And the company, headed by billionaire innovator Elon Musk, 41, posted a profit for the first time in its 10-year history — powered in part by zero-emission environmental credits.

Summer is almost here, and with it comes the army of interns marching into countless American workplaces. Yet what was once an opportunity for the inexperienced is becoming a front-line labor issue.

More and more, unpaid and low-paid interns are feeling their labor is being exploited. Some are even willing to push back — with lawsuits.

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CELESTE HEADLEE, HOST:

From teens with drive, we turn now to young people who have no interest in driving. This is National Bike to Work Day, and a substantial number of millennials choose bikes or public transportation or their feet to get around instead of cars. That's according to the U.S. Public Interest Research Group, or PIRG, which concluded that the 20th century driving boom is over.

Paul Eisenstein has written about this trend. He's the editor of TheDetroitBureau.com, and he joins me now. Welcome.

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CELESTE HEADLEE, HOST:

This is TELL ME MORE, from NPR News. Michel Martin is away. I'm Celeste Headlee. Coming up, it's National Bike to Work Day, but many millennials prefer two wheels to four. Why more 20-somethings are driving less. That's just ahead.

"It feels good to be able to change something. It feels good to give." -- Ron Finley

You can give away almost anything — your time, money, food, your ideas. Giving helps define who we are and helps us connect with others. And thanks to the Internet and a rise in social consciousness, there's been a seismic shift not only in what we're giving, but how. In this hour, stories from TED speakers who are "giving it away" in new and surprising ways, and the things that happen in return.

Part 3 of the TED Radio Hour episode Giving It Away.

About Dan Pallotta's TEDTalk

The daily lowdown on books, publishing, and the occasional author behaving badly.

On Thursday, President Obama named Daniel Werfel, 42, acting IRS commissioner. The announcement comes a day after the resignation of Steven Miller, who got caught up in the controversy over the IRS targeting Tea Party groups.

A 79 percent drop in earnings — That's what the computer maker reported to investors Thursday. The reason, analysts say, it's harder to sell PCs these days with the growing popularity of smartphones and tablets

With supplies high and prices at historic lows, there's debate whether companies should be allowed to export the gas overseas for a higher price. Many energy companies have applied for government approval to ship liquefied natural gas worldwide. So far, only one company has gotten a license to do that in the past 30 years..

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STEVE INSKEEP, HOST:

And let's go from small claims to false claims. Our last word in business is all about faking it and not making it to work.

(SOUNDBITE OF TV SHOW, "SEINFELD")

JASON ALEXANDER: (as George) Shouldn't you be at work by now?

WAYNE KNIGHT: (as Newman) Work? It's raining.

ALEXANDER: (as George) So?

KNIGHT: (as Newman) So I called in sick. I don't work in the rain.

ALEXANDER: (as George) You don't work in the rain? You're a mailman. Neither rain nor sleet nor - it's the first one.

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STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep. This week in San Francisco, Google held its annual developers conference. The Internet search giant debuted updates for just about everything from Google+ to Maps, and gave talks on gadgets like Google Glass. And, as NPR's Steve Henn reports, Google laid out its vision for its future, as well as our future.

Sales of guns and ammunition rose after President Obama took office in 2008, and they went through the roof starting late last year, when a school shooting led to a push for new gun control measures. That's led to a prolonged ammunition shortage, even with manufacturers running at full capacity.

Two seemingly common-sense, bipartisan food reforms have gotten mugged on Capitol Hill in recent days. If you're a loyal reader of The Salt, you've heard of them.

Four years ago, 21 men with intellectual disabilities were emancipated from a bright blue, century-old schoolhouse in Atalissa, Iowa. They ranged in age from their 40s to their 60s, and for most of their adult lives they had worked for next to nothing and lived in dangerously unsanitary conditions.

Earlier this month, the Equal Employment Opportunity Commission won a massive judgment against the turkey-processing company at which the men worked. The civil suit involved severe physical and emotional abuse of men with intellectual disabilities.

Hundreds of underground passageways wind like a maze beneath the Egypt-Gaza border, providing a way for Gazans to maneuver around the 2007 Israeli-led economic blockade that took effect after Hamas took control of the Gaza Strip.

And while subterranean tunnels may seem like something out of a thrilling spy movie, the reality and practicality of these channels is somehow not surprising.

After a long bumpy ride that started five years ago, the domestic airline industry seems to be pulling up and smoothing out.

The number of passengers planning to fly this summer will tick up 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday.

The airlines' profit outlook is also brighter, as jet fuel prices have settled down a bit. Passenger complaints are quieting down, too.

Days after the marathon bombing, officials established the One Fund for Boston to assist victims and their families. Attorney Ken Feinberg, who managed similar funds after Sept. 11 and Virginia Tech and is managing this fund, says there's no easy way to decide who gets how much of the $30 million that's been donated.

As the summer travel season approaches, air travel provides a barometer for the health of the U.S. economy — and airlines report they're having a good year. After years of financial troubles, industry representatives hope U.S. travelers are more willing to fly. NPR senior business editor Marilyn Geewax explains what summer travel tells us about the health of the economy.

A study published online recently in the journal Environmental Health Perspectives documented slightly elevated levels of arsenic in samples of chicken purchased at grocery stores in 10 cities in the U.S.

So how did trace amounts of this toxin end up in supermarket poultry?